Director, Global Markets - New York City
Bank of Montreal - New York City, NY
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Director, Global Markets - New York CityApplication Deadline: 03/27/2025Address: 151 W 42nd StreetJob Family Group: Capital Markets Sales & ServiceBMO Capital Markets is a leading, full-service financial services provider. We offer corporate and investment banking, treasury management, as well as research and advisory services to clients around the world.The Corporate Sales & Structuring group is a team within Global Markets Fixed Income, Currencies & Commodities (FICC) responsible for originating and executing hedging and financing transactions for BMO's corporate and commercial clients. Working closely with investment, corporate and commercial banking, the team serves as product experts with a coverage universe including foreign exchange, interest rate and equity derivatives, structured finance, equity linked securities and commodities.MANDATEReporting to the Managing Director & Head Foreign Exchange Structuring, the Vice President or Director (depending on experience and qualifications) role requires the ability to structure options by using a high level of detail to efficiently respond to pricing requests and adding value in proposing client solutions. Additionally, the candidate would be expected to present ideas to the sales team and clients.This position is ideally suited to talented, highly motivated individuals who seek to further develop a career in Capital Markets. Location: preference for Toronto based; but other major centers in North America will be considered.KEY AREAS OF ACCOUNTABILITYA. Structuring and ModellingB. Enhancing Client RelationshipsC. Working with internal partnersACCOUNTABILITIES DEFINEDA. Structuring and ModellingAccurately and efficiently respond to client pricing requestsStructure trades in Murex, precisely incorporating trader inputsModel scenario analysis under various hedging strategiesB. Enhancing Client RelationshipsPartner with Global FX sales to support client relationships and business developmentDevelop value-add trade ideas that apply economic, political, and market trendsIdentify and deliver restructure opportunities for clientsConduct client presentations and help build out analytical capabilities to leverage client informationC. Working with internal partnersBuild strong internal relations with FX sales and trading teams to offer value-added client solutions, while adhering to product and risk limitsCoordinate with internal partners (including back office and legal) to assist in improving processes for the best client experienceSCOPE AND IMPACTThis role has direct or indirect impact on the following:The work product directly involves front-line revenue generation, impacts the growth initiatives within the Business Unit, impacts client exposures and multiple other aspects of market risk.The successful candidate will contribute to the team through delivery of foreign exchange strategies and strategic recommendations to clients. This ultimately results in significant revenue generation for the Business Unit.KNOWLEDGE AND SKILLSKnowledge:5+ years experience in Foreign Exchange sales/trading with a strong understanding of FX optionsUndergraduate degree in Business, Finance, Mathematics, or a related fieldExperience with Murex, WSS or equivalent systemsWorking knowledge of Bloomberg and MS Office (Word, Power Point, Excel, and ideally VBA)Skills:Excellent analytical and quantitative skillsHighly skilled in building FX option structuresHighly developed written and oral communication skillsAbility to be creative, insightful and resourceful in performance of dutiesStrong interpersonal skills used within a demanding team environmentStrong ability to attentively review, assess, and provide detailed information daily on multiple projects in an organized mannerSelf-motivated to keep up to date on product knowledge and share ideas with salesSalary:Pay Type:SalariedThe above represents BMO Financial Group's pay range and type. Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit:BMO Total Rewards .About UsAt BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.To find out more visit us atBMO Careers .BMO is proud to be an equal employment opportunity employer. We evaluate applicants without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or any other legally protected characteristics. We also consider applicants with criminal histories, consistent with applicable federal, state and local law.BMO is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to and let us know the nature of your request and your contact information.#J-18808-Ljbffr
Created: 2025-02-22